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Rental Insights for ZIP Code 29138 (Saluda, SC)

Housing Rentals in ZIP Code 29138 (Saluda, SC)

29138 ZIP Code in South Carolina

A Detailed Snapshot of Renters in the ZIP Code 29138

The 29138 ZIP Code is predominantly located in Saluda, SC in Saluda County. The median housing rent in this region or South Carolina is estimated at $583 per month. Approximately 31.8% of housing units in this Saluda County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 12.8%.

The median rent in ZIP Code 29138 of $583 per month is 35% lower than the aggregate South Carolina median monthly rent of $894, and is 45% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 67.8% of renters in ZIP Code 29138 pay between $500 and $999 per month for housing. That is 34% higher than in South Carolina overall, in which 50.5% of total state residents pay between $500 and $999 per month for housing. Just 8.1% of renters in ZIP Code 29138 pay between $1,000 and $1,499 for monthly rent.

ZIP Code 29138 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 29138

See the chart below for a comparison of monthly rental costs in ZIP Code 29138, South Carolina, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 29138 along with those in the state of South Carolina and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 29138

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 29138 South Carolina U.S.
Less than $500 24.1% 11.1% 9.4%
$500 to $999 67.8% 50.5% 36.2%
$1,000 to $1,499 8.1% 28.1% 30.0%
$1,500 to $1,999 0.0% 7.2% 14.0%
$2,000 to $2,499 0.0% 1.8% 5.6%
$2,500 to $2,999 0.0% 0.7% 2.4%
$3,000 or more 0.0% 0.6% 2.4%

Rent Cost vs. Income in ZIP Code 29138

Renters in ZIP Code 29138 use an estimated 29.06% of their income to cover their monthly rent payments. That is about 2% lower than in South Carolina overall. The estimate for South Carolina overall is 29.65% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 29138 renters use about 3% less of their income to cover rent expense. Household income figures for ZIP Code 29138 come in lower than in South Carolina as a whole. The median annual household income in ZIP Code 29138 of $41,591 sits approximately 22% lower than the overall South Carolina median income of $53,199 and approximately 34% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 29138

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 29138, South Carolina, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 29138 along with the same calculations in the state of South Carolina and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 29138

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 29138 South Carolina U.S.
Less than 15.0 percent 12.4% 13.3% 13.1%
15.0 to 19.9 percent 22.7% 13.2% 12.9%
20.0 to 24.9 percent 10.5% 13.1% 12.9%
25.0 to 29.9 percent 5.1% 11.3% 11.6%
30.0 to 34.9 percent 8.7% 9.1% 9.1%
35.0 percent or more 40.6% 40.0% 40.5%

Household Income in ZIP Code 29138

See the table below for the regional comparison of annual household income in ZIP Code 29138.

Income ZIP 29138 South Carolina U.S.
Less than $10,000 7.4% 7.4% 6.0%
$10,000 to $14,999 9.3% 5.1% 4.3%
$15,000 to $24,999 13.5% 10.4% 8.9%
$25,000 to $34,999 13.5% 10.5% 8.9%
$35,000 to $49,999 15.6% 13.8% 12.3%
$50,000 to $74,999 18.7% 18.2% 17.2%
$75,000 to $99,999 13.1% 12.5% 12.7%
$100,000 to $149,999 5.7% 12.7% 15.1%
$150,000 to $199,999 1.5% 4.8% 6.8%
$200,000 or more 1.6% 4.6% 7.7%

Household Income in ZIP Code 29138

See the chart below for a comparison of annual household income figures in ZIP Code 29138, South Carolina, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 29138 alongside the same figures for the state of South Carolina and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 29138

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 29138.

ZIP 29138 South Carolina U.S.
Median Housing Rent $583 $894 $1,062
Renter-Occupied Housing Units 31.8% 30.6% 36.0%
Rental Vacancy Rate 12.8% 9.2% 6.0%
Average Size of Renter-Occupied Unit 3.37 2.48 2.49
Average # of Bedrooms Per Unit 2.8 2.88 2.75
Percent of Income Spent on Rent 29.06% 29.65% 29.83%
Per Capita Income $20,493 $29,426 $34,103
Median Household Income $56,877 $73,520 $88,607
Living Below the Poverty Line 14.5% 10.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 29138

In ZIP Code 29138 (Saluda, SC), and estimated 31.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 12.8%.

The per capita income in 29138 is estimated at $20,493, which goes along with an estimated median household income of $56,877. About 14.5% of residents in this Saluda County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.37 occupants, while the units have an aggregate average size of 2.8 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.06% of their income on housing rental costs.

Rental FAQs for ZIP Code 29138

1

What is the median monthly rent in ZIP Code 29138?

Median rent for housing in ZIP Code 29138 in Saluda County in South Carolina is approximately $583 per month.
2

Is it expensive to rent in ZIP Code 29138?

Rent in ZIP Code 29138 is lower than average in the state of South Carolina overall. The median monthly rent of $583 in ZIP Code 29138 is approximately 35% lower than the South Carolina median of $894. Additionally, median rent in this Saluda, SC region ($583) is about 45% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 29138?

High-priced rentals are not common in the Saluda, SC ZIP Code of 29138, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of South Carolina overall, approximately 0.6% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 29138?

Affordable rentals are more common in ZIP Code 29138 than in South Carolina overall. The percentage of housing rentals in ZIP Code 29138 costing $999 or less per month (91.9%) is approximately 49% higher than the South Carolina rate of 61.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 102% lower than the previously mentioned 29138 rate of 91.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 29138?

The most common range for rental cost in ZIP Code 29138 is between $500 and $999 per month. About 67.8% of renters in 29138 pay in this range for monthly rent. In comparison, approximately 50.5% of renters in the state of South Carolina fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 29138 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 29138 is higher than the rental vacancy rate in the state of South Carolina overall. Rental vacancy of 12.8% in ZIP Code 29138 is about 39% higher than the South Carolina rate of 9.2%. Looking more broadly, rental vacancy in this Saluda, SC region (12.8%) is an estimated 113% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 29138? How does it compare to other South Carolina regions?

Median household income in ZIP Code 29138 is lower than in the state of South Carolina overall. Annual household income of $41,591 in ZIP Code 29138 is about 22% lower than the South Carolina median of $53,199. Additionally, median household income in this Saluda, SC region ($41,591) is approximately 34% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 29138 spend on housing costs?

Renters in ZIP Code 29138 spend a lower amount of their income on rent costs than do renters in South Carolina overall. Renters in ZIP Code 29138 spend an estimated 29.06% of their income on rent payments, which is about 2% lower than the overall South Carolina estimated rate of 29.65%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 3% higher than the ZIP Code 29138 estimated rate of 29.06%.
9

Do renters in ZIP Code 29138 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 29138 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 29138 spending 30 percent or more of their income on rent costs (49.3%) is approximately 0% higher than the South Carolina rate of 49.1% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 1% higher than the aforementioned 29138 rate of 49.3%.
10

What is the average household size of renter-occupied units in ZIP Code 29138?

The average household size of renter-occupied units in ZIP Code 29138 is higher than in the state of South Carolina overall. Annual household size of 3.37 in ZIP Code 29138 is about 36% higher than the South Carolina median of 2.48. Additionally, median household size in this Saluda, SC region (3.37) is approximately 35% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other South Carolina ZIP Codes